"There's never been a more important time for smart, courageous coverage of what's happening in the world," said BBC Director of News and Current Affairs James Harding. "This new partnership between the BBC and CBS News is designed to bring our audiences — wherever you live, whatever your point of view — news that is reliable, original and illuminating.

"Our ambition is to deliver the best in international reporting on television. We're really looking forward to working together."

Sharing of content between CBS News, headquartered in New York ,and BBC News, headquartered in London, will begin immediately.

"Additional newsgathering components will be rolled out in the coming months," according to the announcement.